Business & Startups - Page 15 of 35
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Andreessen-backed Inferact raises USD 150M in seed round, valued at USD 800M
Why does a $150 million seed raise matter for a company still in its infancy? While most early‑stage startups scramble for modest checks, Inferact has pulled in a war‑chest that would dwarf many Series A rounds.
Low-data voice AI model cuts costs and speeds streaming on edge devices
Enterprises have been wrestling with a trade‑off: the richer the synthetic voice, the heavier the compute load.
Karnataka approves Rs 20 crore AI Centre of Excellence in HSR Layout
Bangalore’s HSR Layout is about to become a new node in Karnataka’s tech push, with a ₹20 crore budget earmarked for an AI hub.
Adobe builds IP‑safe generative AI models for Hollywood studios' Firefly suite
Hollywood studios are waking up to a new kind of creative partner—software that can spin up images, video and effects on demand.
ServiceNow positions itself as control layer, supports hybrid multi‑model AI
ServiceNow is pitching itself as the “control layer” that ties together disparate AI workloads across the enterprise.
Railway secures USD 100M to launch AI‑native cloud infrastructure against AWS
Railway just closed a $100 million round, positioning itself to build an AI‑native cloud stack that can take on Amazon’s heavyweight services. The cash isn’t a lifeline; it’s a launchpad.
Google hires Hume AI staff to add voice, emotion to DeepMind models
Google’s DeepMind unit is pulling talent from a fledgling voice‑technology firm in what appears to be a strategic staffing move rather than a full acquisition.
Meta AI lab to debut ‘Avocado’ text model and ‘Mango’ vision model in Q1
Meta’s newly minted AI laboratory has quietly been churning out prototypes, but details have remained sparse until now. While the division’s public roadmap has hinted at broader ambitions, the internal milestones have been largely under the radar.
Telangana Launches Aikam AI Innovation Hub at Davos, Calls for Global Partners
Telangana rolled out its Aikam AI Innovation Hub at the World Economic Forum in Davos, positioning the southern Indian state as a new focal point for artificial‑intelligence development.
TrueFoundry launches TrueFailover to auto‑reroute AI traffic on model outages
Why does a model outage matter to an enterprise? When a machine‑learning model falters, the applications that depend on it can grind to a halt, exposing businesses to downtime and compliance headaches.
NVIDIA puts USD 150 M into Baseten, backing Jensen Huang’s inference‑first pivot
The $150 million cash infusion from NVIDIA into Baseten marks a concrete bet on the next phase of AI commercialization.
India aims for USD 150 bn AI spend by 2026; Google, Microsoft, Amazon commit USD 70 bn
India is setting its sights on a $150 billion AI spend by 2026, a target that could reshape the country’s tech infrastructure.
Anthropic CEO warns AI chip exports to China pose national security risk
Anthropic’s chief executive, Dario Amodei, has taken a rare step onto the policy stage, warning that the flow of advanced AI hardware to Beijing may have consequences far beyond market dynamics.
Bengaluru AI startup Bolna raises USD 6.3 M to boost vernacular call services
Bengaluru’s Bolna just closed a $6.3 million round, a modest infusion aimed at scaling its voice‑AI platform for regional‑language phone interactions.
Sensesemi secures Rs 25 Cr seed round to develop edge AI SoC chips
The startup behind India’s newest edge‑AI silicon just closed a Rs 25 crore seed round, a sum that puts it among the few home‑grown chip designers courting device makers at an early stage.
ElevenLabs Names Karthik Rajaram India Country Head to Power AI Voice
ElevenLabs, the startup known for its AI‑driven voice synthesis, announced on Monday that it has tapped Karthik Rajaram to lead its operations in India.
OpenAI’s 2026 focus on practical adoption, scaling business since ChatGPT
Why does OpenAI’s 2026 roadmap matter now? Because the company isn’t just bragging about a new model; it’s laying out how the firm plans to turn hype into day‑to‑day revenue.
Razer CEO says gamers embrace AI in game development, citing Ava headset
Razer’s chief executive took the stage at the company’s latest showcase, a room buzzing with developers, streamers and a handful of early-adopter gamers.
Shunya Labs launches Zero Codeswitch AI model for Indian code-mixed speech
India’s multilingual reality means many conversations drift between Hindi, English, Tamil and dozens of regional tongues within a single sentence.
EU fines X USD 140 M; Rubio calls it an attack as Europe races to build DeepSeek
The European Commission’s decision to levy a $140 million penalty on X in early December has set off a diplomatic ripple far beyond Brussels.
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